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CI Financial Corp. Stock Dividends Overview

CIX.TO pays dividends . Last paid amount was $0.200 at Apr 15, 2024. As of today, dividend yield (TTM) is 6.21%.

Dividend Yield Range

The Dividend Yield Range is the range of values in which a stock’s dividend yield has fluctuated within a specified period, often a year. It represents the variation between the highest and lowest dividend yields observed during that time frame.
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Dividend Analysis

Key Stats

Dividend Yield (TTM) 6.21%
Frequency
1Y Growth 11.11%
Payout Ratio 0
Amount Per Share $0.200
Next Ex-Dividend Date Jun 28, 2024
Next Payment Date Jul 15, 2024

CIX Dividend Payout History

To ensure a understanding of CIX's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.


# Declaration Date Ex-Date Pay Date Amount Yield
1 Sep 30, 2024 Sep 30, 2024 Oct 15, 2024 $0.200 1.39%
2 Jun 28, 2024 Jun 28, 2024 Jul 15, 2024 $0.200 1.39%
3 Mar 27, 2024 Mar 27, 2024 Apr 15, 2024 $0.200 1.22%
4 Dec 28, 2023 Dec 28, 2023 Jan 15, 2024 $0.200 1.30%
5 Sep 28, 2023 Sep 28, 2023 Oct 13, 2023 $0.180 1.19%
6 Jun 29, 2023 Jun 29, 2023 Jul 14, 2023 $0.180 1.11%
7 Mar 30, 2023 Mar 30, 2023 Jul 14, 2023 $0.180 1.11%
8 Dec 29, 2022 Dec 29, 2022 Jan 13, 2023 $0.180 1.18%
9 Sep 28, 2022 Sep 28, 2022 Oct 14, 2022 $0.180 1.46%
10 Feb 22, 2022 Jun 29, 2022 Jul 15, 2022 $0.180 1.32%

Dividend Sustainability

The company's low Dividend Sustainability Score (DSS) highlights potential challenges in upholding its current dividend levels. Unfortunately, its low Dividend Growth Potential Score (DGPS) suggests limited prospects for dividend growth. In conclusion, a more vigilant stance is recommended given the company's tentative dividend landscape.

Sustainability score

low (50.00%)

Growth potential

Decrease likely (57.75%)

CIX Dividend Calculator

Dividend Calculator is designed to forecast the potential returns from CIX dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in CIX stock here.

Comparing CIX to Sector and Country

CIX.TO pays a solid dividend yield of 6.21%, which is higher than the average of the bottom 25% of dividend payers in the CA market (1.85%). CIX.TO’s dividend yield is lower than the average of the top 25% of dividend payers in the Financial Services sector in the CA market (11.37%), which means that there are more attractive dividend stocks to consider.

FAQ

What factors can affect the amount of CIX.TO's dividend payments?
The amount of CIX.TO's dividends can fluctuate based on several factors, including the company's financial performance, earnings, cash flow, capital requirements, and overall market conditions. Changes in CIX.TO sector's trends, interest rate shifts, and the company's operational adjustments can also influence dividend decisions.

Can dividends from CIX.TO stock be automatically reinvested?
If CIX.TO offers a Dividend Reinvestment Plan (DRIP), shareholders may have the option to automatically reinvest dividends to purchase additional shares. Please check with your brokerage for the availability and details of such a plan. Here's an easy guide on how to buy CIX.TO stock.

How often does CIX.TO pay dividend?
CI Financial Corp. (CIX.TO) pays dividends . The most recent payout was on Apr 15, 2024. The upcoming dividend Ex Date is Jun 28, 2024, with an amount of $0.200.

How much does CIX.TO pays per share?
The last recorder (Mar 27, 2024) dividend per share was $0.200.

What is CIX.TO dividend growth rate?
Over the last year, CI Financial Corp. has witnessed growth rate of 11.11% . Looking back over the past 3 years, this growth rate has been 3.57%. Furthermore, examining the past 5 years, CI Financial Corp. has maintained an average Dividends Per Share Growth Rate of 2.13%.
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About CI Financial Corp.

CI Financial . CI Financial Corp. is a publicly owned asset management holding company. Through its subsidiaries, the firm manages separate client focused equity, fixed income, and alternative investments portfolios. It also manages mutual funds, hedge funds, and fund of funds for its clients through its subsidiaries. The firm was founded in 1965 and is based in Toronto, Canada with additional offices in Vancouver, Canada; Calgary, Canada; and Montreal, Canada.... CIX.TO Profile

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